Pershing Securities Australia Pty LTD SWIFT/BIC code

What PFSAAU21 means for a payment to Pershing Securities Australia Pty LTD

PFSAAU21 and PFSAAU21XXX are two spellings of the same bank identifier, and both lead to Pershing Securities Australia Pty LTD in Sydney. A SWIFT code tells every bank in the chain exactly which bank is meant to get the money, much like a postcode for banks. In practice you usually come across it on international invoices, in your banking app and on the account details that Pershing Securities Australia Pty LTD provides.

We wrote this page to help people who pays into an account at Pershing Securities Australia Pty LTD and wants to get the details right. A SWIFT code identifies a bank or branch, never a single account; the IBAN or account number does that.

Sending AUD to Pershing Securities Australia Pty LTD

Australia pays in the Australian Dollar. A payment in a foreign currency is exchanged into AUD on its way to Pershing Securities Australia Pty LTD – and the bank that does it picks the rate. You rarely see a separate line for that conversion.

Which bank converts the payment makes a difference: every bank has its own margin. Check how much AUD arrives via different providers; the difference between options can be larger than you expect.

Rates for AUD change during the day. For recurring payments, a slightly better rate make a real difference over a year.

How to check PFSAAU21 before you pay

The most reliable source for the BIC is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. When the code you were given differs from PFSAAU21 or PFSAAU21XXX, stop and ask – contact the recipient or Pershing Securities Australia Pty LTD.

With a wrong code, the transfer may get stuck, be returned or end up costing more. A mistake in the IBAN or account number can be a bigger problem.

An automatic check in your banking app merely confirms that the IBAN is valid – not that it belongs to the person you mean to pay. If your bank offers it, a name check on the recipient gives an extra layer of safety. When you pay someone new, some people send a small test amount.

Watch out for payment fraud

A common scam goes like this: an email arrives with a request saying that a supplier has a new bank account and asking you to pay there from now on. That PFSAAU21 is a real code is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Verify new payment details through a different channel, never via the email that asked for the change. Watch out for time pressure, odd spelling or an email address that differs by one letter. Already paid? Contact your bank without delay and have them try to recall the payment and report the fraud.

Recipients are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Pershing Securities Australia Pty LTD: head office code versus branch codes

Our directory lists 2 SWIFT/BIC codes for Pershing Securities Australia Pty LTD in 1 places. Next to the head office code PFSAAU21XXX, you will find codes for individual branches and departments.

For the vast majority of payments to a private or business account, the head office code PFSAAU21XXX is the right choice. A branch code only makes sense if the recipient’s bank specifically asks for it.

The best way is to copy the code straight from the recipient’s bank details. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

8 or 11 characters: PFSAAU21 versus PFSAAU21XXX

The layout of a BIC never changes: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. For Pershing Securities Australia Pty LTD, that core is PFSAAU21.

XXX at the end of PFSAAU21XXX is not a placeholder or an error: it stands for the main office of Pershing Securities Australia Pty LTD. Some forms insist on 11 characters, in which case you can enter XXX behind PFSAAU21.

As a rule the code is written in capitals and without spaces. A wrong character can send a payment to another bank, so check it twice.

Sending money abroad from Pershing Securities Australia Pty LTD

If you send money to another country through Pershing Securities Australia Pty LTD, the fee you see is rarely all of what you pay. On top of the transfer fee, banks in between can deduct a fee, and when the money changes currency the bank often applies a rate below the real market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. An easy check: put the rate you get against the mid-market rate and look at the difference.

Specialist money transfer services frequently use rates closer to the mid-market rate. Next time you send money, take a minute comparing what arrives via GoldexPay. Choosing a specialist does not require leaving Pershing Securities Australia Pty LTD: you simply pay the service from your account.

Incoming international payments to Pershing Securities Australia Pty LTD

When you are waiting for a payment from another country, send the payer all details at once. Give them your name as the bank knows it, the IBAN or account number, the BIC PFSAAU21XXX and your address, which some banks require.

Certain banks also ask for the name and address of Pershing Securities Australia Pty LTD. Double-check the details before you share them.

Expect that the incoming amount is below what the sender paid. Fees for incoming transfers differ from bank to bank. Make clear with the sender who pays which costs.

Transfer times and tracking a payment to Pershing Securities Australia Pty LTD

A SWIFT payment usually takes one to a few business days. Transfers sent after the cut-off time or just before a weekend or public holiday usually start the next business day. Occasionally a bank asks what the payment is for before releasing it.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation.

If a payment has not arrived within the expected time, the sender needs to contact their own bank rather than Pershing Securities Australia Pty LTD. Ask the sender for a copy of the payment confirmation.

About this information

We gather SWIFT/BIC codes from publicly available data and check our list regularly. Institutions reorganise, change names and change codes. The number of codes on this page reflect our own data, not official figures from Pershing Securities Australia Pty LTD.

Treat our data as a starting point, rather than as the last word: the recipient’s bank details come first. GoldexPay is an independent comparison site and not affiliated with Pershing Securities Australia Pty LTD. Spotted an error? Let us know via our contact form so we can correct it.